Over 6,700 retail stores in the U.S. closed or announced plans to close in 2017, more than any other year to date. But more and more, digitally native brands are rerouting investor capital that would have previously been spent on expensive marketing and customer acquisition efforts into the most traditional...
According to an October study by retail research firm Loose Threads Intel, more than $1 billion VC dollars have been pumped into direct-to-consumer brands since 2008. In 2018, the VC well of cash will continue to dry up and two camps will emerge: The digitally native brands that actually have...
2017 saw a constant stream of successful mergers and acquisition, rumored buyouts and unfinished deals. The theme of all these fashion and beauty deals: If you can’t beat it, buy it.
Right now, Stitch Fix’s brand awareness among men is “de minimis,” according to CEO Katrina Lake. Meanwhile, Stitch Fix data shows that around 40 percent of women are familiar with the brand. Now operating under the gaze of Wall Street investors, Stitch Fix is strapping up to crack and grow...
Story founder Rachel Shechtman joined the Glossy Podcast to share more about how Story operates, how new retailers are (or aren’t) reinventing the wheel, and how department stores are faring in the new landscape.
Amazon has its tentacles in so many industries that it can feel impossible to keep up with its latest move or fully grasp the extent of its influence. Our new monthly briefing is here to help.
Matches Fashion is working with Cinematique to create shoppable video. In the past three years, the brand has produced 120 product-heavy videos and grown its video strategy team from one to six to support the growth.
2017 was a landmark year for luxury brands establishing direct e-commerce channels in China. As the market matures, the next year will be followed by a continued crackdown on counterfeits, an evolution of the luxury capabilities of players like Alibaba, JD.com and WeChat, and a definition of what it means...
When Nike caved in and became an official first-party seller on Amazon this summer, it felt like a retail omen. If Nike — the world’s largest athletic company, worth $34 billion in revenue in 2017 — couldn’t hold out, who could?